The rupee's recent fall is likely to support the profits of about 70 per cent of the companies rated by rating agency Standard & Poor's (S&P).In a report on the rupee's depreciation, S&P said,......
Indian companies are boosting their credit profiles by divesting stake in businesses and selling assets or using their free operating cash flows to reduce debt, Standard & Poor's said on Wednesday.......
The recent cancellation of coal block allocations by the Supreme Court provides an opportunity for the government to reform the process of awarding coal mines in the country, S&P said on Wednesday.......
Anaemic demand and high debt are the main constraints for credit profiles of Indian companies as overall economic conditions remain lacklustre in the country, credit rating agency S&P said on......
Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note. Sagging crude oil and commodity prices have resulted in the market value of the London-listed Vedanta......